CON 3990V- Pre practice Test 1 Questions AND
CORRECT ANSWERS 2024-2025
A "personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations and/or
decisions and, because of his/her personal activities, relationships, or financial interests, may
lack or appear to lack objectivity or appear to be unduly influenced by personal financial
interest.
True
False - ✔✔True
What are the broad categories of OCI: (select all that apply).
Source Selection Sensitive
Unequal access
Impaired Objectivity
Biased Ground Rules - ✔✔Unequal access
Impaired Objectivity
Biased Ground Rules
,There are three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows: (select all that apply).
Avoid
Neutralize
Substantiate
Mitigate - ✔✔Avoid
Neutralize
Mitigate
The vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-making should be
at a higher level.
Deliver on a timely basis the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives. - ✔✔Deliver on a timely basis
the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives.
Contracting Life-cycle costs consist of the following (select 4):
, Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
Operating costs - ✔✔Acquisition costs
Supporting costs
Disposal costs
Operating costs
Market research shall be conducted:
Only after release of a solicitation but prior to receiving proposals.
Only after receiving proposals, but prior to making award.
Only prior to releasing a solicitation
On an ongoing basis and appropriate to the circumstances - ✔✔On an ongoing basis and
appropriate to the circumstances
CORRECT ANSWERS 2024-2025
A "personal conflict of interest" is a situation where an individual is employed by a defense
contractor company and is in a position to materially influence DOD's recommendations and/or
decisions and, because of his/her personal activities, relationships, or financial interests, may
lack or appear to lack objectivity or appear to be unduly influenced by personal financial
interest.
True
False - ✔✔True
What are the broad categories of OCI: (select all that apply).
Source Selection Sensitive
Unequal access
Impaired Objectivity
Biased Ground Rules - ✔✔Unequal access
Impaired Objectivity
Biased Ground Rules
,There are three basic approaches available to contractors and the Agency for dealing with OCI
issues, as follows: (select all that apply).
Avoid
Neutralize
Substantiate
Mitigate - ✔✔Avoid
Neutralize
Mitigate
The vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-making should be
at a higher level.
Deliver on a timely basis the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives. - ✔✔Deliver on a timely basis
the best-value products and services to the customer.
Maintain the public's trust and fulfill public policy objectives.
Contracting Life-cycle costs consist of the following (select 4):
, Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
Operating costs - ✔✔Acquisition costs
Supporting costs
Disposal costs
Operating costs
Market research shall be conducted:
Only after release of a solicitation but prior to receiving proposals.
Only after receiving proposals, but prior to making award.
Only prior to releasing a solicitation
On an ongoing basis and appropriate to the circumstances - ✔✔On an ongoing basis and
appropriate to the circumstances
